Company Information

Get to know SparkGift

Founded in 2014 and a graduate of the Y Combinator (W15) accelerator program, SparkGift was a platform designed to make stock ownership more accessible by simplifying the process of gifting securities. The service allowed individuals to purchase fractional shares of publicly traded companies (like Apple or Disney) or index funds for others, providing a modern alternative to traditional gifts. In May 2016, SparkGift announced it was shutting down its operations, and its team was acquired by Stockpile, a larger company in the same stock-gifting market.

Industry

Stock BrokerPRIMARY
Financial Other Service

Contact

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SparkGift

United States

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.